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Home/News/Crypto PAC spends $12 million on Alabama Senate primary runoff
Cointelegraph·4d ago·neutral

Crypto PAC spends $12 million on Alabama Senate primary runoff

Fairshake-affiliated PAC Defend American Jobs spent over $12 million backing pro-crypto Republican Barry Moore in Alabama's Senate primary runoff, as the crypto industry tests its political influence in key races.

  • Defend American Jobs spent $7.4M before the May primary and $4.7M more ahead of Tuesday's runoff backing Barry Moore.
  • Moore is endorsed by President Trump and rated 'strongly supports crypto' by Stand With Crypto; opponent Jared Hudson is rated 'neutral.'
  • Fairshake holds a $193 million war chest and plans to back candidates in Maryland and New York later this month.
  • Republicans hold a slim Senate majority, making every race critical for crypto legislation like the CLARITY Act.
regulationpeopleImpact 6/10
Why our editor rated this neutral

The crypto industry is actively spending to influence elections, which could lead to more favorable regulation. However, the outcome is uncertain and the spending itself is a neutral fact.

Read the full story at Cointelegraph

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

Last updated 17 Jun 2026

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